Update on supports and resistances.

Resistance3 : 70.8
Resistance2 : 69
Resistance1 : 67
Last Price : 63.65
Pivot Point: 67
Support1 : 63
Support2 : 60
Support3 : 57

Pivot: 67

Our preference: Short positions below 67 with targets @ 63 & 60 in extension.

Alternative scenario: Above 67 look for further upside with 69 & 70.8 as targets.

Comment: the pair is on the downside and is challenging its bearish channel lower boundary, the RSI is badly directed.

70.8
69
67
63.65 (last)
63
60
57



*USD/GBP Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the BRITISH POUND. For details go to www.ise.com